Sign In
Not register? Register Now!
Essay Available:
2 pages/≈550 words
2 Sources
Business & Marketing
English (U.S.)
MS Word
Total cost:
$ 8.64

Andrew Carnegie the Businessman (Essay Sample)


Need paper written showing how Andrew Carnegie used strategic management to create and hold his business. What made him a better business man than others during his time.


Andrew Carnegie the Businessman
Date of Submission:
Andrew Carnegie the Businessman
Andrew Carnegie is idolized for his skill of producing wealth. In 1848, at the age of twelve, he migrated from Scotland together with his poor parents (PBS). While working as a superintendent's private secretary at the Pennsylvania Railroad, he was given an opportunity to buy stock. Soon he got his first dividend and by 1865, he was managing his dividend money. He also left his job at the railroad. This paper discusses how Carnegie used strategic management to create and hold his business.
Carnegie arrived in the United States without a dollar to call his own, but in 1901, he was considered the richest man on earth. At the height of his success, a young journalist known as Napoleon Hill approached him and wanted to know the story of his success. Carnegie recognized a special drive in Napoleon and decided that the journalist should document the strategies, which made him a great businessperson. Together, they pioneered Hill's book titled "Think and Grow Rich," which remains a top-selling book.
The first strategy used by Carnegie was defining his purpose (Hill, 2014). He created a plan of action and started working towards it immediately. As evidence, he never stopped investing after gaining his first income in the form of dividends. The second strategy is creating a "mastermind alliance." Carnegie was a genius in creating perfect p...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Strategies for Analyzing and Entering Foreign Markets
    Description: This paper provides an analysis of religion and religious activity, culture as well as the availability of Frankincense raw material...
    3 pages/≈825 words | 4 Sources | APA | Business & Marketing | Essay |
  • Major US Commercial Air Carrier Marketing Assignment
    Description: Explain the history of your airline and describe its economic, structural, and competitive characteristics pre and post deregulation...
    7 pages/≈1925 words | 10 Sources | APA | Business & Marketing | Essay |
  • Business Model Canvas
    Description: What are the unique features of the approach of the Business Model Canvas? How does the Business Model Generation compare/contrast to other business model approaches?...
    2 pages/≈550 words | 2 Sources | APA | Business & Marketing | Essay |
Need a Plagiarism Free Essay?
Submit your instructions!